Why use 50% deposit bonus?

[Stovetopp]

I see quite a few of my favorite RTG casinos are offering this "wonderful" 50% deposit bonus.

I am not condemning those who take it but can you give a good reason?

Lets say I deposit $100 and get the 50%bonus So now I have a whopping $150 to start In order to collect I have to make a $3000 or 44500 WR depending where one plays,

Wouldn,t it be better to just deposit and take a chance that you can get it up to $150 and then do your thing to get the big kill? In doing so you have the option of quitting at anytime and hit the withdraw button

Enlighten me please

[same_old]

One reason is someone only has a spare $100 to spend and they want some decent play time, so they go for the 50% bonus, nine times out of ten they will always usually play about $3000-$4k worth of playing anyway so they figure why not.

I do see what your saying though it does sound a little silly on one side of the coin but on the other they see a lot more play time.

[zippedup]

I agree 100% Stove! Good post!

[oldtrvlagt]

I agree 100%..the 50% bonuses and lower are worthless IMO. I've had it happen more than once where I've had a good balance after 50-60 spins but am forced to continue because of the WR, where if I had not claimed a bonus I could have cashed out and started over!

[chuchu59]

As long as the bonus is cashable, same_old's views are valid.

[De Beuker]

As long as the bonus is cashable, same_old's views are valid.

At most of the RTG's these bonuses are non-cashable, and they still carry the standard 20-30x D+B WR, and thats what makes them so completely worthless.
I like to play with a bonus, but never with such a bonus.
One nice hit on your first slot and you'll have the same balance...with no WR at all..

[Wildfire7]

I see quite a few of my favorite RTG casinos are offering this "wonderful" 50% deposit bonus.

I am not condemning those who take it but can you give a good reason?

Lets say I deposit $100 and get the 50%bonus So now I have a whopping $150 to start In order to collect I have to make a $3000 or 44500 WR depending where one plays,

Wouldn,t it be better to just deposit and take a chance that you can get it up to $150 and then do your thing to get the big kill? In doing so you have the option of quitting at anytime and hit the withdraw button

Enlighten me please

I agree bonuses of less than 100% represent poor value. If the deposit exceeds the bonus then the WR should be weighted. If WR is D+Bx30 on a 100% match then WR for a 100 deposit would be 6000 and on a 50% bonus WR would be 4500 and on a 25% bonus 3750.

The bonus WR is a fixed value which is not in Equilibrium with the deposit. An extreme example of this for a 1% bonus would be a WR of 3030. Where the 1 credit needs to be wagered 30 times as does the 100 deposit. A value 100 times greater, yet still subjected to the same WR. (Obviously this is just a hypothetical example to highlight the poor value in taking on below 100% bonuses tied to a deposit).

A fairer formula for bonuses of 50% would be BX30 + D/2x30 or for a 25% bonus BX30 + D/4x30
So the original example of D+Bx30 on a 50% bonus on a 100 deposit would be a WR of 4500
Using the formula BX30 + D/2x30 = 3000

Mike

[Stovetopp]

One reason is someone only has a spare $100 to spend and they want some decent play time, so they go for the 50% bonus, nine times out of ten they will always usually play about $3000-$4k worth of playing anyway so they figure why not.
I do see what your saying though it does sound a little silly on one side of the coin but on the other they see a lot more play time.

Well, I must be doing something wrong!!! Tell me how I can "usually" wage $1500 on 100 dollarars.If it was usual OR NORMAL to play 3000-4000 WR on even 200 dollars I think I would break the casino LOL